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Global News
Private employers added 235,000 in last three months. But the government shed more jobs in August, and the jobless rate rose to 9.6 percent.
A better report on job creation Friday was the latest piece of good news on the economy and pushed shares higher.
The European Union has created new financial watchdogs to prevent future economic crises that have thrown the future of the euro into question.
The Canadian gold miner said that it would buy its Australian rival for 3.4 billion dollars in cash and stock, beating an all-share offer from Eldorado Gold.
The announcement by the Rome-based Food and Agriculture Organization followed Russia’s decision to extend its ban on wheat exports.
Global Markets
In 2002, Ben Bernanke deemed deflation such a threat that he referred to Milton Friedman’s notion of handing out cash to stop falling prices
More market professionals are asking if the brutal de-rating suffered by equities during the past decade means the cult of equity is dying
Traders are piling into risky bets after a better than expected US labour market report reinforced hopes that the US economy can avoid sliding back into recession.
US stocks rose, extending this week’s rally, after a better-than-expected August jobs report eased fears about a slowdown in the pace of the economic recovery
Swiss franc hits record high against the euro and nears parity against the dollar as worries over the global economic recovery drive haven demand